STORE Capital Corporation (STOR): What is Its Dividend Yield?

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STORE Capital Corporation (NYSE:STOR) saw a downside of -0.06% to close Tuesday at $32.15 after subtracting -$0.02 on the day. The 5-day average trading volume is 1,857,780 shares of the company’s common stock. It has gained $32.18 in the past week and touched a new high 1 time within the past 5 days. An average of 2,496,500 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,787,768.

STOR’s 1-month performance is 0.50% or $0.11 on its low of $32.01 reached on 12/27/22. The company’s shares have touched a 52-week low of $24.48 and high of $32.36, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, STOR has achieved 0.28% or $0.09 and has reached a new high 8 times. However, the current price is down -0.65% from the 52-week high price.


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Valuation Metrics

STOR stock has a beta of 0.97. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 10.25 while the price-to-book (PB) in the most recent quarter is 1.70.

As well, the company’s long term debt to equity for the quarter ending September 29 was 0.91, while the total debt to equity was 0.91.. In terms of profitability, the gross margin trailing 12 months is 98.30%. The firm’s gross profit as reported stood at $389.53 million against revenue of $782.66 million.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -10.72% to $68.59 million, while revenue of $90.51 million was -31.96% off the previous quarter. Analysts expected STOR to announce $0.28 per share in earnings in its latest quarter, but it posted $0.27, representing a -3.60% surprise. EBITDA for the quarter stood at more than $202.95 million. Shareholders hold equity totaling $282.69 million.

Let’s look briefly at STORE Capital Corporation (STOR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 63.73% to suggest the stock is trending Neutral, with historical volatility in this time period at 0.96%.

The stock’s 5-day moving average is $32.15, reflecting a unch or $unch change from its current price. STOR is currently trading +0.28% above its 20-day SMA, +18.46% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.90% and SMA200 by+9.17%.

Stochastic %K and %D was 83.76% and 78.60% and the average true range (ATR) pointed at 0.04. The RSI (14) points at 64.06%, while the 14-day stochastic is at 75.00% with the period’s ATR at 0.05. The stock’s 9-day MACD Oscillator is pointing at 0.02 and 0.04 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for STORE Capital Corporation (NYSE: STOR), Morgan Stanley downgraded it to an Underweight rating. They previously had an Equal-weight rating on the stock. Analysts offering their rating for STOR stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate STOR as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 0 have offered a “buy” rating.

What is STOR’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $26.00 and a high of $35.00, with their median price target at $32.75. Looking at these predictions, the average price target given by analysts is for STORE Capital Corporation (STOR) stock is $31.58.

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